Parker Technologies vice president, Gene Rineer, r
Post# of 1792
Posted On: 12/24/2014 7:51:43 AM
Parker Technologies vice president, Gene Rineer, reports that Parker has obtained a comprehensive package of geologic data representing an approximate 5-mile radius of the land surrounding Parker’s Leases.
Gene Rineer stated ‘With this data in hand, Parker now has extensive, exhaustive data on every oil and gas well property which falls within an approximate 5-mile radius of our Leases. By carefully parsing this data, we will be able to target, with accuracy, those depths and payzones which will deliver Parker the most production at the most minimal cost, in terms of drilling, labor and extraction. This data will facilitate our lease expansion plans.’
Gene Rineer stated ‘With this data in hand, Parker now has extensive, exhaustive data on every oil and gas well property which falls within an approximate 5-mile radius of our Leases. By carefully parsing this data, we will be able to target, with accuracy, those depths and payzones which will deliver Parker the most production at the most minimal cost, in terms of drilling, labor and extraction. This data will facilitate our lease expansion plans.’
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